Stifel Financial Corp Has $12.54 Million Stake in Inphi Co. (NYSE:IPHI)

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Stifel Financial Corp lifted its position in shares of Inphi Co. (NYSE:IPHI) by 529.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 204,620 shares of the semiconductor company’s stock after purchasing an additional 172,102 shares during the quarter. Stifel Financial Corp owned 0.45% of Inphi worth $12,537,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of IPHI. Neo Ivy Capital Management grew its holdings in Inphi by 65.2% during the third quarter. Neo Ivy Capital Management now owns 7,306 shares of the semiconductor company’s stock worth $447,000 after buying an additional 2,884 shares in the last quarter. State Street Corp grew its holdings in Inphi by 0.3% during the third quarter. State Street Corp now owns 1,148,983 shares of the semiconductor company’s stock worth $70,145,000 after buying an additional 3,559 shares in the last quarter. Lisanti Capital Growth LLC bought a new stake in Inphi during the third quarter worth $4,229,000. Delta Investment Management LLC bought a new stake in Inphi during the third quarter worth $2,105,000. Finally, Kornitzer Capital Management Inc. KS grew its holdings in Inphi by 18.7% during the third quarter. Kornitzer Capital Management Inc. KS now owns 161,020 shares of the semiconductor company’s stock worth $9,830,000 after buying an additional 25,344 shares in the last quarter.

Shares of NYSE:IPHI opened at $69.63 on Monday. The company has a market capitalization of $3.18 billion, a PE ratio of -122.16 and a beta of 1.58. The company has a debt-to-equity ratio of 1.35, a current ratio of 7.62 and a quick ratio of 6.83. The business has a fifty day moving average price of $67.52 and a two-hundred day moving average price of $58.93. Inphi Co. has a 1 year low of $29.56 and a 1 year high of $77.67.

Inphi (NYSE:IPHI) last announced its quarterly earnings data on Tuesday, October 29th. The semiconductor company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.08. The firm had revenue of $94.23 million during the quarter, compared to the consensus estimate of $90.09 million. Inphi had a positive return on equity of 0.46% and a negative net margin of 23.23%. The business’s revenue for the quarter was up 20.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.30 EPS. Sell-side analysts anticipate that Inphi Co. will post -0.03 earnings per share for the current year.

Several equities research analysts recently issued reports on IPHI shares. Rosenblatt Securities reiterated a “hold” rating on shares of Inphi in a report on Monday, November 11th. Craig Hallum upped their price target on Inphi from $75.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Northland Securities reiterated a “sell” rating and set a $45.00 price target on shares of Inphi in a report on Monday, November 11th. Deutsche Bank upped their price target on Inphi from $68.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $85.00 price target (up previously from $72.00) on shares of Inphi in a report on Monday, November 11th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $71.93.

In other news, Director Nicholas Brathwaite sold 2,741 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $72.89, for a total transaction of $199,791.49. Following the completion of the transaction, the director now owns 33,684 shares in the company, valued at approximately $2,455,226.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Chenming Hu sold 7,000 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $71.00, for a total value of $497,000.00. Following the transaction, the director now owns 65,503 shares of the company’s stock, valued at approximately $4,650,713. The disclosure for this sale can be found here. Insiders have sold a total of 52,624 shares of company stock valued at $3,860,880 in the last quarter. 3.30% of the stock is owned by corporate insiders.

About Inphi

Inphi Corporation provides high-speed analog and mixed signal semiconductor solutions for the communications, datacenter, and computing markets worldwide. Its analog and mixed signal semiconductor solutions offer high signal integrity at various data speeds and reduce system power consumption. The company's semiconductor solutions address bandwidth bottlenecks in networks, maximize throughput and minimize latency in computing environments, and enable the rollout of communications and datacenter infrastructures.

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Institutional Ownership by Quarter for Inphi (NYSE:IPHI)

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